Unit 14, Bridge Centre

For sale by HWBC Ltd. via the iamsold Bidding Platform 

Please note this property will be offered by online auction (unless sold prior). For auction date and time please visit iamsold.ie. Vendors may decide to accept pre-auction bids so please register your interest with us to avoid disappointment.

HIGHLIGHTS

• Prominent retail unit for sale in The Bridge Centre Shopping Centre

• Retailers in the scheme include Dunnes Stores, Holland and Barrett, An Post, ESB and Euro General

LOCATION
The Bridge Centre is located on the western side of Bridge
Street at its junction with Distillery Lane. Bridge Street is
one of the main shopping streets in Tullamore. It is a busy
mixed-use street incorporating primarily retail, restaurants,
public houses, leisure and office use. The Bridge Centre is
located at the northern end of Bridge Street, opposite O’
Connor Square.

DESCRIPTION:

The Bridge Centre, which opened in 1995, is a successful regional shopping centre comprising over 68,000 sq. ft. of retail space including a 46,000 sq. ft. Dunnes Stores. It includes 24 ground floor retail units, first floor restaurant, a cinema and 350 surface level parking spaces.

Unit 14 is an irregular shaped unit comprising 56.6 sq.m. (609 sq. ft.). It is located close to the car park entrance.
Neighbouring occupiers include Dunnes Stores and Dolans Pharmacy.

TENANCY DETAILS:

UNIT :14
AREA sq.ft: 609
TENANT: Daze Technology LTD
LEASE START: 1/3/2019
LEASE END: 28/2/2029
TERM: 10 Years
ANNUAL RENT: €17,000

BER: C1

TITLE: 999 year lease

GUIDE:Offers in excess of €145,000 reflecting an initial yield of 10.66% after allowances for
standard purchasers costs of 9.96%

TO VIEW OR MAKE A BID Contact HWBC Ltd. or iamsold, www.iamsold.ie

Starting Bid and Reserve Price

*Please note all properties are subject to a starting bid price and an undisclosed reserve. Both the starting bid and reserve price may be subject to change. Terms and conditions apply to the sale, which is powered by iamsold.

Auctioneer's Comments

This property is offered for sale by unconditional auction. The successful bidder is required to pay a 10% deposit and contracts are signed immediately on acceptance of a bid. Please note this property is subject to an undisclosed reserve price. Terms and conditions apply to this sale.

Building Energy Rating (BERs)

Building Energy Rating (BERs) give information on how to make your home more energy efficient and reduce your energy costs. All properties bought, sold or rented require a BER. BERs carry ratings that compare the current energy efficiency and estimated costs of energy use with potential figures that a property could achieve. Potential figures are calculated by estimating what the energy efficiency and energy costs could be if energy saving measures were put in place. The rating measures the energy efficiency of your home using a grade from ‘A’ to ‘G’. An ‘A’ rating is the most efficient, while ‘G’ is the least efficient. The average efficiency grade to date is ‘D’. All properties are measured using the same calculations, so you can compare the energy efficiency of different properties.

Property Particulars

Please contact us for more information about this property.